Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁
American Bitcoin Gets $100 Million Boost From Scaramuccis
Key Takeaways
- AJ Scaramucci confirmed that his family invested over $100 million in American Bitcoin as part of a $220 million funding round completed before the firm went public;
- Investors in the round also included Tony Robbins, Charles Hoskinson, Grant Cardone, and Peter Diamandis, alongside the Scaramucci family;
- AJ’s connection to company president Matt Prusak helped drive the deal, while he noted the investment was unrelated to his father’s political history.
The family of Anthony Scaramucci has invested more than $100 million in American Bitcoin, a cryptocurrency mining company linked to the sons of US President Donald Trump.
According to a Fortune report, this funding was part of a larger $220 million round completed in July, prior to the company's public listing via a reverse merger in September.
Though the company had not shared details about its investors at the time, AJ Scaramucci later confirmed the size of Solari Capital’s participation. His father, Anthony Scaramucci, also contributed, though on a smaller scale.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
Harmony ONE Explained (Beginner-Friendly Animation)
In addition to the Scaramuccis, several other individuals participated in the investment. These include speaker Tony Robbins, Cardano
The connection between AJ Scaramucci and the company’s leadership helped pave the way for this involvement. While attending business school at Stanford, AJ roomed with Matt Prusak, who is the president of American Bitcoin.
It was through this personal tie that AJ became aware of the company’s spin-out from Hut 8 and decided Solari Capital should take the lead in funding.
Despite past political tensions, Anthony Scaramucci once served as communications director in Trump’s White House before becoming a political critic.
However, AJ stated that politics had no role in this decision. He emphasized that Bitcoin
Meanwhile, the Czech National Bank (CNB) recently decided to purchase $1 million worth of cryptocurrency. What prompted this decision? Read the full story.